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It’s almost too good to be true.
A home loan with no mandatory down payment, no private insurance expenses, and easier qualification guidelines, all at a time when interest rates are the lowest in years throughout the industry. And it’s available exclusively for active duty military service members and veterans like you.
Every day, hundreds of military families are finding out why the VA Loan is one of the most popular benefits offered by the Department of Veterans Affairs. Developed in 1944 as part of the G.I. Bill, the VA home loan is now one of the industry’s leading programs due to its low foreclosure rate and rapid growth. According to the VA, more than 1.5 million VA Loans are currently active; nearly 360,000 of those were closed just last year.
VA Loans are issued by lenders such as Veterans United and backed by the VA, which means that the federal government protects lenders in the event that a borrower defaults on his or her mortgage. This ‘guaranty’ system provides the backbone for this unique benefit, which has been used by more than 18 million veterans since its inception following World War II.
So what’s the real difference between a VA Loan and a conventional mortgage? In addition to no money up front and no burdensome insurance fees, VA mortgages tend to come with competitive low rates. Combine that with less stringent credit and qualification standards, and you’re looking at a cost-efficient, convenient, 100 percent financing home loan that you’ve earned by serving our country.
Get started today by filling out a short form with some basic information or calling 800-884-5560 under no obligation. You’ll be put in touch with a Veterans United Home Loans specialist, who will review your eligibility and guide you step by step, all the way until closing.
So for the cynics and skeptics, it’s time to ditch your doubt; the VA Loan is as great as advertised. And your dream of achieving home ownership for you and your family is well within reach.
17 Comments
yes indeed.I have not use my VA eligibility certificate this will be my first time and the right time to purchase a new home with William Lyon Homes in Bay Point,Ca.
Beautiful new construction homes and huge for the price and a very nice beautiful and safe area with shopping malls and Bart etc.Right of the freeway highway 4.
Need more information..Please call Adam or Barbara at 925-261-0983..Please tell them Joaquin Dominiquez ,Board of Directors from California Hispanic chamber of Commerce refer you.
Happy New Years..God bless America and all the Veterans.
I served Honorably in the US Army.
joaquin dominiquez
I am a proud Cuban-American.Born in Guantanamo.Cuba
http://www.facebook.com/francobrothers
Are you still eligible if you served from 75 through 1982? I used it twice but don’t own a home right now but wanted to use it when i was ready to buy again
tell me more looking to purchase
@Spartangrad87- if you’d like some more info, check out our sponsoring site- veteransunited.com- or give them a call for more info at 888-212-1958. Good luck!
how do I apply
i have somewhat poor credit because some bills were late but i pay all my bills i am currently renting i would like to get a va loan is it better to wait and continue to rent or try to get a va loan with poor credit believe me i want to buy my own home do anyone know any lender that will loan to a vet such as me with this problem
Dont worry I am a veteran who just went through this process and closed on a house last week. They will tell you exactly what you have to do to get your home. They are there to get you approved.
Very helpful and interested in your situation.
Have been looking for a lender to help get me & my family out of the hotel we have been living in for over a year now! No one willing to give us a chance!!
We are a 3 income family and have had some past credit troubles, but know that giving my nephew a REAL home is very important to all of us!
Won’t someone PLEASE give us the chance we need to prove ourselves??
Help! I am writing because I am a Veteran and I need a home for my family. I have had some financial struggles since I returned in “2004″. We had lots of medical expenses for my wife’s health issues and we had to sale our home before it was foreclosed on. We then moved into a new home and the owner was carrying the contract for 5 years then wanted lump sum payment, however, my wife passed away at the age of 56 in “2008″, then my brother-in-law 7 months later passed away, also. We, my daughter, son-in-law, brother, grandson, and step mom all live here in the home after my wife passed, daughter & son-in-law had been with us to help with my wife’s care and before she passed we agreed to stay together as a family to support and help one another (wife asked us to, as her last wish for us). However, my son-in-law and step mother have since left us……..My brother is schizo-affective, so my daughter and myself help care for him, and my grandson is what keeps us all going. However, I had to refinance the home to pay the owners off before the 5 years was up and now find myself in a situation financially because we lost the income from the others that I am now having to file a Chapter 13. What do I do?????
My Husband is a Navy Vet, and I are in a real bind. 4 years ago, My husband had his 1st stroke. We owned our own business, so all the debt of credit cards went on my credit. His EX-wife left him with poor credit. I have had a hard time of all this as well as he. We had to loose our equity in our previous home from a short sale, or it would be bad on my credit again. As it was we had no money because we had no other source of income, but disability.
We are having to rent in a small town at present time, We were going to buy this home , when we moved in , We thought we would get money for a down payment, unfortunate for us our realtor did not tell us that we ‘d get nothing from this short sale, so when the closing this last May, we had no credit to even go to a bank with. They declined and our family members even said their was no way they had credibility to pull a loan for cosigning with.
So here we are, my husband’s computer has been down, so I am pleading with someone to help us. He has never asked the VA for any assistance , hopefully you can! Thanks,
Is this benefit only for home buyers? I have an older home financed through HFC, and my home is in need of serious repairs.(all of which are currently on hold due to tight household budget) We are somewhat behind on mortgage payments, and the Roofing contractors will be installing a new roof sometime in February. Looking for ways to be able to pay to ensure that my house will always be my home. Any advice will be greatly apprieciated.
Sincerely,
John T. Best, Sr.
SFC (Retired)
U.S.Army
John, VA loan benefits are also available to eligible homeowners. Unfortunately, you would need to be current on your mortgage for at least 12 consecutive months before pursuing a VA refinance with most lenders, including us.
Can I use one-time restoration VA loan to buy a new home without selling my own paid in full,no restoration house?
Hi Jorge, Thanks for the question. If the other house is already paid in full, you do not have to use the one-time restoration for the new home. All you need to do is apply for a restoration of entitlement. This will allow you to reuse your VA loan benefit in full. For more information on restoring your entitlement you can visit http://www.veteransunited.com/valoans/restoration-of-entitlement-how-to-reuse-your-va-loan-benefit-in-full/ or you can call 888-212-1958 and we would be happy to walk you through the process.
@Pitcher22000-if you’d like some more info, check out our sponsoring site- veteransunited.com- or give them a call for more info at 888-212-1958
If you would like to contact Veterans United Home Loans they have a Department of Secondary Approvals (DSA) at 1-888-392-7421, that will be more than happy to help you get your credit in order to purchase a home.
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